TrueAffordHome Affordability by State
What can you afford in Florida?
A baseline estimate for a household earning $90,000 a year gross, with typical debts and expenses, a $30,000 down payment, and a 740-759 credit score — using Florida's own property tax and insurance data rather than a national average. Every assumption is editable in the full calculator below.
Florida's effective property tax rate is around 0.78% of home value per year — the 24th lowest in the country. Average homeowner's insurance runs near $6,432/year on a $300,000 home — the 1st highest and a state where premiums have been rising quickly due to weather- and insurer-availability pressure.
Comfortable
$224,274
Stretch
$282,056
Risky ceiling
$309,973
A lender would likely approve up to $309,973 on this baseline in Florida — but this household's own budget, once real expenses are counted, can only sustain $282,056. That $27,917 gap is exactly the kind of overreach this calculator exists to flag before it becomes a monthly deficit.
Open the home affordability calculator with these numbersOther states
← District of ColumbiaGeorgia →
Browse all states · Browse by income · Full mortgage calculator · Methodology